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Calamatta Cuschieri’s Growth Portfolios Have Registered A 16.5% Growth

“Whereas the factors supporting the economy in 2023 included strong labour markets, excess Covid-19 savings, and namely expectations of eventual rate cuts, in 2024 the market’s positive performance continues to…

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InvestEU: EIF – Malta Development Bank agreement to mobilise around €44 million in investments in sustainable and creative projects

The European Investment Fund (EIF), part of the EIB Group, has joined forces with the Malta Development Bank (MDB) in further driving the green transition in Malta, and supporting cultural…

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Huge Potential for Capital Markets as Deposits by Households Reach €20 Billion

The instrumental role of capital markets in supporting Malta’s economic progress in recent years and their potential to help the country to pursue substantial investments necessary for sustained growth found…

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GO’s revenues grow by 10% in 2023

“2023 marked a pivotal moment in the Group’s journey towards restoring pre-pandemic norms. Amidst the energy and renewed hope across the business landscape, GO continued to demonstrate resilience and innovation.…

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Capital Markets As Growth Opportunities for SMEs

“Maintaining the status quo will not guarantee company survival” – Hili Ventures Chairman With access to finance remaining a significant challenge to business growth, capital markets are increasingly being seen…

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Digital tools are key for successful business operations

Investment in digital tools and skills is fundamental in addressing the twin challenges of talent scarcity and regulatory requirements and is key in enhancing the nation’s competitiveness in the years…

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MMF calls for better strategic planning for maritime industry

The Malta Maritime Forum agrees has called for better long-term strategic planning and the upholding of high governance and operating standards in the face of huge international challenges and competition.Whilst…

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Strengthening EU Consultation Structures is Key for Malta’s Maritime Industry

“The EU and its policies are ever so relevant to the Maltese maritime industry particularly at this juncture when an unprecedented focus is being placed on decarbonisation and taxation issues. …

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Financial services’ bodies express ‘deep concern’ at current situation

The Institute of Financial Services Practitioners (IFSP), the Malta Institute of Accountants (MIA), the Malta Institute of Taxation (MIT) and the Society of Trusts & Estate Practitioner (STEP – Malta)…

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XBRL Chooses Malta For Its 32nd International Conference

XBRL, the open international standard for digital business reporting, has chosen Malta for its 32nd Europe Days International Conference due on the 23rd and 24th of May at the Phoenicia…

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Vivian announces investment in alternative energy as Minister Dalli lauds ESG efforts

“Investing to reducing our carbon emissions, to generate more energy via alternative technologies, investment in electric company vehicles, doubling our current PV system on our roof and continuous education on…

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Good governance is a priority for the MDB and the NAO

The MDB Chairman Mr Leo Brincat welcomed the Auditor General Mr Charles Deguara and the Deputy Auditor General Mr Noel Camilleri, at the MDB offices, stating that the bond that…

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Autism-Sensitive Book Accessed By Over 1000 Students In First Year

In a year since Mase in Space, Malta’s first autism-sensitive book was launched, over 1000 students have enjoyed its colourful and interactive content during story-telling sessions held in different schools…

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New CEO for Cablenet Communication Systems plc in Cyprus

Ioannis Mavridis, a seasoned executive with over 20 years’ of international experience in the banking and telecoms industries will be assuming the role of CEO at Cablenet Communication Systems plc…

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Hili Properties plc Records €15.7 Million Revenue From 22 Assets

Hili Properties, a subsidiary of Hili Ventures, announced its financial statements for the year ending December 2023, registering increased revenues across its varied portfolio of properties across Estonia, Latvia, Lithuania,…

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MEA shares recommendations on way forward on foreign workers in logistics industry

In a press conference organised by the Malta Employers’ Association, together with representatives from Identità, Foundation for Transport and Transport Malta, an MEA publication was officially launched, proposing recommendations and…

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€623 million in cumulative financial support from the MDB

The Malta Development Bank (MDB) launched its 2023 Annual Report during a business breakfast and unveiled its Business Strategy in the presence of the Minister for Finance Hon. Clyde Caruana…

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Vivian Launches New Vision Correcting Intraocular Lens

Cataracts are the leading cause of treatable blindness in the world. Today however, patients can benefit from having a cataract surgery with an extra perk that enables patients to have…

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Third McDonald’s Awarded Autism-Friendly Label

McDonald’s restaurant in Għargħur is the third McDonald’s restaurant in Malta featuring a Quiet Space – a dedicated room within the restaurant purposely designed for children and people with autism…

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Calamatta Cuschieri’s Assets Under Management Reach €2.5 Billion

2023 results make it the Group’s most successful year in its 52-year history Positive performance of Moneybase sustains Group’s strategy Calamatta Cuschieri Moneybase plc, formerly known as CC Finance Group,…

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MDB committed to forge stronger ties with the two leading trade related chambers

During meetings with the senior officials of The Malta Chamber and the Malta Chamber of SMEs, the Chairman of the Malta Development Bank Leo Brincat and the CEO Paul V.…

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MDB hosts Shadow Minister for Finance Graham Bencini

Malta Development Bank Chairman Leo Brincat and CEO Paul V. Azzopardi hosted a courtesy meeting with Hon. Graham Bencini, the Shadow Minister for Finance at the Bank’s offices in Floriana.…

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Premier Restaurants Romania largest employer in Romania in the quick service restaurant industry

Premier Restaurants Romania, the operator of McDonald's restaurants in Romania, exceeded in February the threshold of 6,000 employees, following the expansion of the network. At the end of 2022, the…

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Ganado Advocates Hosts 9th Annual Banking & Payments Law Seminar

Ganado Advocates’ forthcoming 9th edition of the Annual Banking and Payments Law Seminar will delve into the increased responsibilities being faced by banks and payment institutions when protecting their customers…

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GO Expands Its Growing Portfolio With Acquisition Of AQS Med Ltd

GO has announced the strategic acquisition of 51% shareholding in AQS Med Ltd, a prominent alternative energy solutions provider. This acquisition underlines GO’s commitment to renewable energy. “This acquisition of…

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MEA Leads Project which Culminates in a Practical Toolkit for the Anticipation and Management of Change in Organisations

The Malta Employers' Association has issued a new publication entitled “Change Management Business Manual” which it recently presented to the media. The Manual is being published as part of a…

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Industry stakeholders call for collective AML effort to enhance Malta’s reputation

The Malta Institute of Accountants host AML Conference 2024 Industry stakeholders need to work together and push in the same direction to ensure the enhanced reputation of Malta’s jurisdiction, which…

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GO surpasses record 2022 performance with exceptional 2023 results

GO’s Chief Executive Officer Nikhil Patil described 2023 as “a transformational year for bringing our Purpose of Driving a digital Malta to life. We have been firing all cylinders to…

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MDB and EIB are natural partners to facilitate the island’s economic transformation process

While welcoming the European Investment Bank Group (EIB) Vice President Gelsomina Vigliotti at the Malta Development Bank’s Offices in Floriana, Bank Chairperson Leo Brincat described the MDB and the EIB…

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Critical Thinking At Work

Employers increasingly view critical thinking and problem-solving skills as assets in their employees, as these skills are what give businesses a competitive edge and establish them within a global context…

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MDB puts partnership with business associations and unions to the fore

Strategic partnerships with social partners like business associations and trade unions are a pivotal element of the Malta Development Bank’s efforts to spearhead the nation’s carbon neutral and digital transition.…

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The Interplay Between ESG and Succession Planning in Maltese Family Businesses

Simon Schembri is a Partner within the Corporate Department of Ganado Advocates and Philip Mifsud is a Senior Associate within the Corporate Department of Ganado Advocates. The acronym ESG (which…

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MMF and MBN showcase Maritime Malta at IMO HQ in London

The MMF and the UK Branch of the Malta Business Network successfully organised their “Showcasing Maritime Malta” networking event which was held at the prestigious International Maritime Organization (IMO) Headquarters…

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MDB brings together key stakeholders from the commercial banking sector to foster a strategic dialogue and step up collaboration

As part of its efforts towards enhancing access to finance in Malta, the MDB brought together key stakeholders from the commercial banking sector to foster strategic dialogue and deliberate on…

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Doctors Start Embracing Digimed’s Potential

Healthcare Platform To Offer 24/7 Medical Consultations The first 30 doctors have just been onboarded on DIGIMED’s platform, in a positive response from the medical industry to the revolutionary healthcare…

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Maltese Startup TriStratus Opens Office in Cairo

TriStratus was established in 2021 as a startup specialising in cloud services. After only three years, the company has now just opened its first office abroad to tap into the…

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Malta Development Bank – European Court of Auditors Meeting: Upgrading of InvestEU status discussed

The upgrading of the Malta Development Bank's InvestEU status to that of an Implementing Partner was discussed during a meeting at the Malta Development Bank. MDB Chairman Leo Brincat and…

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The Future of Medical Equipment is Total Lab Automation and Digital Solutions

The constantly increasing demand for health services in Malta, both in the public as well as the private sector, requires ongoing investment not only to serve citizens better but to…

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MDB strengthens ability to finance green projects through EIB’s Green Gateway support

The Malta Development Bank (MDB) and the European Investment Bank (EIB) have kicked off an extensive collaboration project aimed at enhancing the ability of the MDB to support the Maltese…

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“ETS Directive Should Not Be Politicized”, stakeholders say

1300 trailers are handled to and from Malta every week. Malta has no option but to rely on regular maritime connections to and from Europe to import most of its essentials.…

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“Furthering MDB’s Outreach Will Be My Priority” – Leo Brincat

Leo Brincat, Chairman of the Malta Development Bank Leo Brincat, who assumed the role of the Malta Development Bank's new Chairman, demonstrated a commitment to prioritising outreach as his top…

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Microsoft offers free supercomputing to startups for AI development

“46% of new code is being written by AI, 75% of developers feel more focused and satisfied with their work using AI and 96% of developers claim they are working…

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MIA committees and working groups kick-off activity for new two-year term

The Malta Institute of Accountants has formalised the reconstitution of its thirteen committees and focus groups, and twenty working groups for a new two-year term, ensuring a fresh influx of…

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GO’s Strategic Partnership with CyberSift: One Year On; GO Business Extends Cybersecurity Portfolio WithAI-enabled Solutions

Statistics for 2023 showed that cybercrime made $8 trillion USD globally which means that if cybercrime was measured as a country, it would be the world’s third-largest economy after the…

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MDB celebrates milestone as loans for further education exceed €20 million

The Malta Development Bank (MDB) has successfully facilitated loans exceeding €20 million under its specialised education financing schemes, the Further Studies Made Affordable (FSMA) and the Further Studies Made Affordable…

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Studjurban Presents ‘Shared Transport’ Strategy Document

Local Councils’ role ‘central’ in development of shared transport STUDJURBAN recently presented its fourth Sustainable Mobility strategy document on Shared Transport on behalf of the Local Councils Association, which champions…

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Architecting for Successful Cloud Adoption

By Jonathan Vella, Senior Cloud Solution Architect (Azure Core) at Microsoft Cloud adoption is no longer just a fad – it is a vital necessity for businesses that want to…

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WSC With €315 Million Investment In Water Strategy

Amidst rising concerns over climate change and local rainfall decline, Malta's Water Services Corporation (WSC) has a decade-long, €315 million investment plan to strengthen the nation's water and wastewater sector.…

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Malta Stock Exchange To Grow International Listings

“Stock exchange listing adds to a company’s credibility” – Malta Stock Exchange Executive Chairman, Joseph Portelli The past eight years have seen the Malta Stock Exchange grow at a rapid…

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Digimed aims to bring cultural change in health ecosystem

Healthcare delivery is experiencing enormous shifts, driven by constant technological advancements. More importantly, people want convenience and when it comes to healthcare, this is becoming a reality we can deliver…

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New Chairman and Directors appointed at the Malta Development Bank

The Malta Development Bank welcomes the appointment by the Minister for Finance and Employment of Mr Leo Brincat as the new Chairman of the Bank. Mr Brincat brings to the…

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MIA Tax Conference sheds light on major tax changes on the horizon

Businesses need to think innovatively and break conventional boundaries to remain competitive in the face of widespread changes, particularly in the field of taxation. This key message echoed through the…

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SENS Innovation Group Ltd recognised at Malta Business Awards

Partners with the renowned Ascott Ltd Group in the UK SENS, a subsidiary of GO, is an energy management company that leverages proprietary IOT based technology to reduce energy consumption…

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Dr Ann Fenech including among Lloyds List Shipping Industry’s most influential people

The Malta Maritime Forum proudly congratulates Dr Ann Fenech, on her inclusion, once again, amongst the Lloyds List Shipping Industry’s most influential people. Typically, in its 2023 Edition Fourteen, The…

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Focal Maritime Services and Greenwaveshipping.mt secure quality international accreditation

Focal Maritime Services and Greenwaveshipping.mt have successfully renewed their quality accreditation in line with the international ISO 9001:2015 standard provided by Bureau Veritas Certification. This certification represents a significant milestone…

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With 5.4 million monthly viewers, Tokis is third most watched channel on GO’s TV platform

As local TV viewers continue to be spoilt for choice for TV content, GO is proud to announce the remarkable success its local content is having on its streaming platform,…

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The EU’s ETS Directive: Logistics Sector Expecting Stronger Lobbying At EU Level

“We will have to wait till the 1st January 2024 to start understanding the real effects that the EU’s European Emissions Trading System Directive is going to have on our…

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